Property prices for sale in West Milford (New Jersey)
The prices in real estate in West Milford, in the New Jersey region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in West Milford has remained the same in the last 6 months. In October, the average price per sq.feet was $34,068. In the following month the price per sq.feet increased considerably to $45,834. The price for the following two months in (December, January) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable increase of 233 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $23,854.5 to $55,527.5 during February, and March.
Based upon to the price in West Milford (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $435,895. In November This price remains at $448,910. During the following two months (December, January) the price has had an average incrementation from $442,402.5 to $477,835. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $460,118.75 and $442,820.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $466,206 they are 54 % more affordable than the average price for West Milford. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $404,150.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $208 / sq.feet, with an average $35,250 / sq.feet price in West Milford. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 4 bedrooms with a price at $253 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $466,206 it is 55 % cheaper than the average price in West Milford. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $245,285 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $222 / sq.feet followed by "Apartment" priced at $232 / sq.feet. "Commercial" is the cheapest type of property with a $8,069 / sq.feet value followed by "Commercial Property" with an average price of $1,285 / sq.feet.
